Financial services?

jphesterly

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Lafayette, LA
#1
Ok, well I just started my own business and I drive a modded Acura RSX TYPE-S. If we continue to grow as we are now, I might lease or do BMW select, which would be better in your opinion?

edit: I would trade in the acura and put a down payment of about 2500 down for a 36 or 42 month lease.
 
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flashinthepan

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#2
Jp-

You can also "purchase" your Bimmer on say a 5 year term and still write it off for business use.

Lease vs. buy is a tough decision and often personal.

I prefer to buy because it seems easier to get out of early than a lease would be, and if I end up loving the vehicle enough to keep I get more of my investment towards the purchase.

If you lease have some help on the paperwork & be sure to understand the agreement.

Good Luck & have some fun !!!

[driving]
 

flashinthepan

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#4
I am using the traditional BMW loan


5 years @ 4.5% apr. (currently), when its over its 100% paid for,

I also will be writing off the vehicle for business use since I do

have to travel...fairly often,

Typically only 100-200 mile trips in the NW area, perfect

for the open road !

Good luck !!
 


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